To Use Facebook, Instagram, Prepare To Cough Out $12 Monthly

Do you desire to continue to use your Facebook and Instagram accounts? Then prepare to cough out $11.99 monthly as subscription

This is because the owners of the two major social media ,platforms, Meta is set to launch a paid subscription service starting at $11.99 a month.

Chief Executive Officer (CEO) of the platforms, Mark Zuckerberg announced today that this ss to allow users to verify their accounts.

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Reports indicate that Meta Verified, will roll out first in Australia and New Zealand this week, before a similar roll out is considered elsewhere subsequently.

The new policy will allow you “verify your account with a government ID, get a blue badge, get extra impersonation protection against accounts claiming to be you, and get direct access to customer support,” Zuckerberg said.

“This new feature is about increasing authenticity and security across our services,” he wrote in a statement posted to his Facebook account.

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There would be no changes to accounts on Facebook and Instagram that are already verified, the company said, adding that only users who are over the age of 18 will be allowed to subscribe. The service is not yet available to businesses.

According to AFP report, Musk’s initial attempts to launch a similar service at rival social media network Twitter last year backfired wildly with an embarrassing spate of fake accounts that scared advertisers and cast doubt on the site’s future.

He was forced to briefly suspend the effort before relaunching it to muted reception in December.

Meta’s announcement comes as the social media behemoth grappled with financial difficulties over the past year, announcing in November that it would lay off 11,000 employees or 13 percent of its staff — the largest worker reduction in the company’s history.

The Eagle reports that Facebook continues to remain social media platform of first choice across countries.

Recent statistics credits it with 2.96 billion active users in 2023. That means that nearly two out of every three of the 4.89 billion social media users across the world are active users of Facebook.

It is reputed as the social media platform with the most active users, and also ranks among apps that consumers spend the most amount of time on. In fact, the combined number of Meta product users (Facebook, Messenger, Instagram, and WhatsApp) in Q1 of 2022 was 3.64 billion.

The estimate continues that each day, 1.93 billion users visit Facebook, aside more than 7 million active advertisers on Facebook.